Forget cash, ATMs will now dispense gold in India

Hyderabad: India’s first gold ATM has been opened in Hyderabad.

Customers can now purchase pure gold coins from the ATM using their debit or credit cards.

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The ATM was launched into the market by the ‘GoldSikka’ company.

The company said that customers can buy gold coins from 0.5 to 100 grams and receive a certificate verifying their purity and weight.

Gold ATMs will be available 24 hours a day. The Gold ATMs will be installed in Guljar House, Secunderabad, and Abids in Hyderabad, as well as Peddapalli, Karimnagar.